Professional Center Office
3 Cypress Branch Way #104, Palm Coast, FL 32164
For Sale
Contact for pricing
The suite is near Palm Coast’s primary commercial corridors and established retail and service businesses.
Property Size880 SF
Price / SF$2.30
Days on Market33
Property Features for 3 Cypress Branch Way #104
General Information
Standard status
Size
Property subtype
Additional Details
Property Use
Amenities
Modern finishes
Abundant natural light
Building Details
Year Built
Listing Agency:
LPT Realty, LLC (Palm Coast)
Listed By:
Michelle McKinney
(386) 517-1985
Source:
Theanchor
Added: Oct 8
Changed: Nov 9
Last Checked: Nov 9 at 10:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty, LLC (Palm Coast)
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Investment Insights
Based on property information with market context.
Suite 104 is an 880-square-foot office unit within Cypress Point Professional Center, a property built in 1999. The center is near the convergence of Palm Coast Parkway and Belle Terre Parkway in Palm Coast, Florida.
Nearby businesses include Bank of America, PNC, Wells Fargo, Publix, and McDonald’s, along with other retail, dining, and personal service operators.
Nearby businesses include Bank of America, PNC, Wells Fargo, Publix, and McDonald’s, along with other retail, dining, and personal service operators.
Key Highlights
- 880‑square‑foot office unit
- Located at 3 Cypress Branch Way #104, Palm Coast, FL 32164
- Within Cypress Point Professional Center, built in 1999
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,193
Suggested Prices Based on Cap Rates
Cap Rate 5%
$203,860
$203.9K
Cap Rate 7%
$145,614
$145.6K
Cap Rate 9%
$113,256
$113.3K
Market Conditions
NOI Build-Up for 880 SF
Gross rent
$17.4K $19.80/SF
− Vacancy
−$3.8K −$4.36/SF
EGI
$13.6K $15.44/SF
− OpEx
−$3.4K −$3.86/SF
NOI
$10.2K $11.58/SF
Area
Flagler County, FL
Vacancy
22.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$203,860
Cap Rate 7%
$145,614
Cap Rate 9%
$113,256
Alternative Uses
Best Use
Office B
$145.6K
$127.4K – $169.9K
NOI $10,193 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$211.5K
$185.0K – $246.7K
NOI $14,803 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,264
Businesses Nearby
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Business Placement
Demographics for 32164, FL
49,412
Population
22,902
Households
2.2
Avg Household Size
48
Median Age
26%
College-Educated
91%
High-School Grad
32.5 sq mi
ZIP Area
1,520
Density / Sq Mi
$71,738
Median Household Income
$37,976
Median Earnings
$1,724
Median Rent
$308,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Palm Coast, FL
Properties on Market for Office Units in Palm Coast
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The suite is near Palm Coast’s primary commercial corridors and established retail and service businesses.
Where is this office unit located?
The property is located at 3 Cypress Branch Way #104 Palm Coast, FL.
What are key features of this property?
This property features: 880‑square‑foot office unit; Located at 3 Cypress Branch Way #104, Palm Coast, FL 32164; Within Cypress Point Professional Center, built in 1999
